“Celebration of Luxury” at One Thousand Ocean
By Posted in - Press on April 1st, 2011Nearly 400 guests gathered at the luxury condominium for a display of dazzling jewels, luxury cars and fashion models. Click here to view original article
Nearly 400 guests gathered at the luxury condominium for a display of dazzling jewels, luxury cars and fashion models. Click here to view original article
One Thousand Ocean, the landmark Atlantic Ocean-to-Intracoastal condominium situated on the tip of a private peninsula at the Boca Raton Inlet, has established a strategic relationship with one of Manhattan’s top boutique real estate brokerage firms, Gumley Haft Kleier. Michele Kleier, resident and chairman of the firm, along with her husband Ian Kleier and daughters Samantha Kleier-Forbes and Sabrina Kleier-Morgenstern, are also recognized as stars of Selling New York, one of HGTV’s top-rated shows. Specializing in residential properties throughout Manhattan, including cooperative, condominium, town house, apartment, and loft real estate, the Kleiers know that audience of approximately 2 million viewers each week want to see costly, ultra-high-end residences within impressive buildings. A masterpiece of cutting-edge contemporary design, One Thousand Ocean…
Consumers apparently are becoming more optimistic about the housing market, a recent study shows. The third annual Cotton Report polled more than 800 participants on housing preferences, motivating factors, pricing levels and timelines for purchase. The survey included participants from 39 states, Canada, Europe and Latin America. While no direct correlation was made to the harsh temperatures of this winter, the research survey indicated a substantial increase in the number of homebuyers seeking a vacation home purchase, an increase of 800 percent year-over-year. There was also an increase in the number of buyers describing their transition as a geographic relocation, now 40 percent of respondents. Over the three-year period of the annual study, a continuous trend towards smaller homes has…
After several years of negative trends in the real estate industry, a recent market study shows signs of increasing consumer confidence. The third annual Cotton Report polled more than 800 participants on housing preferences, motivating factors, pricing levels and timelines for purchase. The survey included participants from 39 states, as well as Canada, Europe and Latin America. While no direct correlation was made to the harsh winter temperatures, the research survey indicated a substantial increase in the number of homebuyers seeking a vacation home purchase, an increase of 800% year-over-year. This dynamic trend is further supported by an increase in the number of buyers describing their transition as a geographic relocation, now 40%. Over the three-year period of the annual…
Nearly 400 guests, including some of South Florida’s most sophisticated and stylish residents recently attended a “Celebration of Luxury” in a location renowned for it- One Thousand Ocean. The developer of the new Atlantic Ocean-to-Intracoastal condominium in Boca Raton graciously welcomed partygoers who were initially greeted by the sight of a 2011 Ferrari California parked in front of the arrival court, compliments of Ferrari-Maserati of Fort Lauderdale. Guests were guided into the iconic, contemporary building where they then were swept by elevator to the largest of four recently released penthouses. There, sumptuous hor d’oevres and libations merged with live music and vocals, as statuesque fashion models in glittering gowns from Zola Keller glided across the exquisite interior spaces that total…
Industry insight: Laurie Andrews talks lending Andrews is COO at Cotton & Company, a leading real estate sales and marketing firm that has represented more than 1,600 communities over the past 27 years. How has the current lending environment affected your clients’ ability to obtain financing? Development financing reached a standstill over the past several years with the capital markets frozen. Both domestic and international developers are undertaking a global approach. They now seek out international investment resources from stronger capital markets, including Asia and South America. With a glut of new-home inventory in the market, developers and investors have focused on buying up distressed properties rather than beginning new projects from raw land. What kinds of strategies are your…
Outdoor patios with full kitchens are getting even huger these days, with some nearing 10,000 square feet, said Stephann Cotton, owner of the real-estate sales and marketing firm Cotton & Co. They’ve got the Rolls Royce of grills, outdoor wine fridges, fireplaces, sweeping views — you name it. But guess what else they’ve got? Bugs. Cotton said his high-end clients with penthouses in Boca Raton, Fla., are increasingly asking for these glass structures, out at the end of the patio where the best views are. They’re turning them into everything from outdoor dining areas and zen gardens to man caves and music studios. A four-sided glass structure means there aren’t just northern views or southern views, Cotton says, there are…
Urban Land Institute member and Florida CEO, Stephann Cotton was on hand for one of the largest gatherings of economists, land planners and real estate developers in North America earlier this month, in Washington, DC. According to Cotton, the next real estate cycle will be at least a ten-year rebound, as the market picks up—yet anyone in real estate right now needs to be patient, stabilization will be slow and steady. “Florida’s real estate recovery will definitely be fueled by international investors, with South America and Canada leading the way—the trophy properties, the A-list oceanfront properties are recovering the quickest,” explained Mr. Cotton, CEO of the real estate sales and marketing firm Cotton & Company. “Economists at ULI’s fall meeting…
When a recent cover story in Time magazine stated, “owning a home may no longer make economic sense,” the Wall Street Journal soon responded with a story explaining why home ownership is a good thing. Mixed messages and conflicting perspectives on the business of real estate—for consumers, developers and builders—keep many in a state of uncertainty about market recovery and what happens next. Cotton & Company, the international real estate sales and marketing firm based in Florida, sees their clients profiting from the market right now. “Buyers just closed on 25 residences at a Boca Raton project we’re working with, One Thousand Ocean—and more that 50 residences have been sold over the past six months at West Bay Beach &…
You can’t go wrong sending over tasty snacks for your client’s staff. Jared Gutstadt, CEO of Jingle Punks, a music licensing company, sends pizza at random on many Friday afternoons. Laurie Andrews, chief operating officer at public relations firm Cotton & Co., sends an ice cream truck during the summer months. “It’s a feel-good moment that people remember and talk about,” she says. Click here to view original article
